According to Japan Lifeline's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5405. At the end of 2023 the company had a P/E ratio of 10.3.
Year | P/E ratio | Change |
---|---|---|
2023 | 10.3 | -7.63% |
2022 | 11.2 | -80.82% |
2021 | 58.2 | 306.96% |
2020 | 14.3 | -23.55% |
2019 | 18.7 | -40.55% |
2018 | 31.5 | 108.66% |
2017 | 15.1 | 27.33% |
2016 | 11.8 | -29.77% |
2015 | 16.9 | -140.73% |
2014 | -41.4 | -461.52% |
2013 | 11.5 | 38.89% |
2012 | 8.25 | 7.29% |
2011 | 7.69 | -31.08% |
2010 | 11.2 | -44.75% |
2009 | 20.2 | -21.6% |
2008 | 25.7 | 55.93% |
2007 | 16.5 | -2.97% |
2006 | 17.0 | -24.71% |
2005 | 22.6 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.